Issued Business | Insurance Glossary

Definition of "Issued business"

Policies that have been sold to and paid for by an insured, but not yet delivered to the insured.

Tort of wrongful physical confinement of an individual. This is not restricted to physical confineme ...

One that combines the two forms of ownership, stock and mutual. A stock insurance company is owned b ...

The amount the borrower owes at maturity. ...

The voluntary giving up or surrendering property rights without transferring the title to another pa ...

Performance of managerial and clerical functions related to an employee benefit insurance plan by an ...

Coverage that pays a fixed dollar amount of interest at regular intervals. ...

The fee an agent earns for the sale of a home-usually a percentage of the selling price. ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

Commercial insurance is designed to help protect many of the risks your business can face, including ...

Paid advertorials are articles written by public relations professionals that have just one goal in ...

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